iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by Clear Wave Wealth Management LLC

Clear Wave Wealth Management LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 202,512 shares of the company’s stock after purchasing an additional 10,982 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for about 2.8% of Clear Wave Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Clear Wave Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $16,444,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 28.3% in the 1st quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after buying an additional 3,451,890 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in iShares 1-3 Year Treasury Bond ETF by 3.0% in the first quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock worth $471,783,000 after buying an additional 165,473 shares during the last quarter. RPOA Advisors Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $301,889,000. The Manufacturers Life Insurance Company raised its position in iShares 1-3 Year Treasury Bond ETF by 225.0% during the second quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock valued at $291,110,000 after acquiring an additional 2,454,485 shares in the last quarter. Finally, Assetmark Inc. raised its position in iShares 1-3 Year Treasury Bond ETF by 46.1% during the first quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock valued at $262,216,000 after acquiring an additional 1,002,453 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

NASDAQ SHY opened at $81.59 on Tuesday. The stock has a market capitalization of $27.54 billion, a PE ratio of 3,747.73 and a beta of 0.05. The company has a 50 day moving average price of $81.37 and a two-hundred day moving average price of $82.08. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.95 and a 12-month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were paid a dividend of $0.2544 per share. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. The ex-dividend date was Monday, November 2nd. This represents a $3.05 annualized dividend and a dividend yield of 3.7%.

About iShares 1-3 Year Treasury Bond ETF

The iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund that is based on the U.S. Treasury 1-3 Year index. The fund tracks a market weighted index of debt issued by the US Treasury with 1-3 years remaining to maturity. Treasury STRIPS are excluded. SHY was launched on Jul 22, 2002 and is managed by BlackRock.